SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Shares Acquired by Patriot Financial Group Insurance Agency LLC

Patriot Financial Group Insurance Agency LLC increased its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 98.5% in the first quarter, HoldingsChannel.com reports. The firm owned 10,706 shares of the company’s stock after acquiring an additional 5,313 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in SPDR Gold MiniShares Trust were worth $663,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in GLDM. Evoke Wealth LLC grew its position in SPDR Gold MiniShares Trust by 0.7% during the fourth quarter. Evoke Wealth LLC now owns 6,604,327 shares of the company’s stock worth $343,359,000 after buying an additional 47,341 shares during the period. Cassaday & Co Wealth Management LLC boosted its stake in shares of SPDR Gold MiniShares Trust by 1.9% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 5,744,426 shares of the company’s stock worth $298,653,000 after acquiring an additional 106,433 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of SPDR Gold MiniShares Trust by 109.5% in the 4th quarter. Bank of America Corp DE now owns 4,683,654 shares of the company’s stock worth $243,503,000 after acquiring an additional 2,447,630 shares during the period. LPL Financial LLC grew its holdings in shares of SPDR Gold MiniShares Trust by 23.8% in the 4th quarter. LPL Financial LLC now owns 2,196,980 shares of the company’s stock worth $114,221,000 after acquiring an additional 422,213 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in SPDR Gold MiniShares Trust by 12.2% in the 4th quarter. Ameriprise Financial Inc. now owns 2,092,817 shares of the company’s stock valued at $108,828,000 after purchasing an additional 228,317 shares in the last quarter.

SPDR Gold MiniShares Trust Stock Up 0.5%

Shares of GLDM stock opened at $65.90 on Tuesday. The stock has a fifty day moving average price of $64.68 and a 200 day moving average price of $58.68. SPDR Gold MiniShares Trust has a 1 year low of $45.47 and a 1 year high of $68.23.

About SPDR Gold MiniShares Trust

The SPDR Gold MiniShares Trust (GLDM) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less expenses and liabilities, using gold bars held in London vaults. GLDM was launched on Jun 25, 2018 and is issued by State Street.